Court OK’s ResCap Sale To Ocwen

U.S. Bankruptcy Judge Martin Glenn of Manhattan has approved Residential Capital’s sale of its mortgage-servicing unit to Ocwen Financial for $3 billion.

  • 20 Nov 2012

U.S. Bankruptcy Judge Martin Glenn of Manhattan has approved Residential Capital’s sale of its mortgage-servicing unit to Ocwen Financial for $3 billion.

Click here to read the story from Bloomberg.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 18.96
2 BNP Paribas 1,434 4 13.55
3 Goldman Sachs 1,392 3 13.15
4 Barclays 1,097 2 10.37
5 Morgan Stanley 1,094 2 10.34

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 18,143.40 61 10.83%
2 JPMorgan 17,535.24 47 10.47%
3 Wells Fargo Securities 16,128.82 45 9.63%
4 Bank of America Merrill Lynch 15,717.90 52 9.38%
5 Barclays 11,929.65 41 7.12%